Alam Maritim Resources Berhad is an investment holding company. It operates in two segments: Offshore supply vessels and services, and Underwater services.
Its Offshore supply vessels and services segment is engaged in the provision of vessels for charter hire, assisting seismic operators in seismic survey related activities, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and other support, repair and maintenance services for the oil and gas industry.
Its Underwater services segment is engaged in the provision of offshore facilities construction and installation services, such as marine construction related services, sub-sea engineering services and offshore pipeline construction related services and designing, manufacturing and operating of remotely operated vehicles (ROVs).
On December 4, 2012, Alam Maritim (M) Sdn Bhd (AMSB), a wholly owned subsidiary of the Company acquired a subsidiary called Alam Maritim Properties (M) Sdn Bhd.
Its Offshore supply vessels and services segment is engaged in the provision of vessels for charter hire, assisting seismic operators in seismic survey related activities, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and other support, repair and maintenance services for the oil and gas industry.
Its Underwater services segment is engaged in the provision of offshore facilities construction and installation services, such as marine construction related services, sub-sea engineering services and offshore pipeline construction related services and designing, manufacturing and operating of remotely operated vehicles (ROVs).
On December 4, 2012, Alam Maritim (M) Sdn Bhd (AMSB), a wholly owned subsidiary of the Company acquired a subsidiary called Alam Maritim Properties (M) Sdn Bhd.
Trading Plan:
Entry: RM 0.85
Entry: RM 0.85
Profit: RM 0.925
Cut loss: RM 0.800
RRR (Risk to Reward Ratio)> 1 : 2
Related Latest News:
Alam Maritim Resources Bhd has secured a RM576mil contract from Petronas Carigali Sdn Bhd to provide six marine vessels.
http://biz.thestar.com.my/news/story.asp?file=/2013/1/15/business/20130115183322&sec=business
Average Target Price: RM 0.94
Cut loss: RM 0.800
RRR (Risk to Reward Ratio)> 1 : 2
Related Latest News:
Alam Maritim Resources Bhd has secured a RM576mil contract from Petronas Carigali Sdn Bhd to provide six marine vessels.
http://biz.thestar.com.my/news/story.asp?file=/2013/1/15/business/20130115183322&sec=business
Average Target Price: RM 0.94
Tok
Bought at 0.810 sold at 0.925. Good trade!
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